Alternative Minimum Tax. It's a part of the tax code since '69 that was originally put in to prevent 155 very wealthy families from having so many deductions that they paid very little in taxes. Unfortunately incomes have risen faster than the level at which AMT kicks in, so it affects millions of middle-class and upper-middle-class people, especially in high-cost areas by limiting the amount and types of deductions you can take (like for state and local taxes). It gets more complicated if you are lucky enough to get company stock, or do well on investments, etc. And it also means you have to calculate and file your taxes an additional way, which is more than enough extra work that I'm happy to pay my guy.
I want to earn money like Warren and spend it like Jimmy. Oh and no they aren't related. They even looked back as far as the Buffetts who were part of the mutiny on the Bounty.
Not even close; Bill Gates is personally responsible for 'WinBlow$' and set back IT development by at least 10 years. On the plus side (for me), supporting MicroSloth systems is as close to a sinecure as an IT guy will ever get...
Pass the nip, man ...
What is AMT?
Thank you. And that information is in the article.
For fuck sake.
Would pay to see that.
So Warren Buffet's a nice guy, Donald Trump is still a lying ass, the sun will rise tomorrow morning, and there are rains in Africa.
Carry on then!
Alternative Minimum Tax. It's a part of the tax code since '69 that was originally put in to prevent 155 very wealthy families from having so many deductions that they paid very little in taxes. Unfortunately incomes have risen faster than the level at which AMT kicks in, so it affects millions of middle-class and upper-middle-class people, especially in high-cost areas by limiting the amount and types of deductions you can take (like for state and local taxes). It gets more complicated if you are lucky enough to get company stock, or do well on investments, etc. And it also means you have to calculate and file your taxes an additional way, which is more than enough extra work that I'm happy to pay my guy.
Would also pay to unsee it afterward.
Not only that . . . it was actually his own money! So not smart.
Which means he bought a company that owns a company that...Buying, straightening out and then selling companies is how he makes his millions.
I bet he drives around the Costco lot for 10 minutes, looking for a spot that's 30 seconds closer to the door.
And full of lies!
That Charley Pride did a cover of that song is perplexing.
I want to earn money like Warren and spend it like Jimmy. Oh and no they aren't related. They even looked back as far as the Buffetts who were part of the mutiny on the Bounty.
Half of the remaining 60% weren't even offered the class
Of course, my spouse does our taxes but I do know that.
Not even close; Bill Gates is personally responsible for 'WinBlow$' and set back IT development by at least 10 years. On the plus side (for me), supporting MicroSloth systems is as close to a sinecure as an IT guy will ever get...